Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT RATES :: form 3cd :: articles on VAT and GST in India :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT Audit :: empanelment :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: TDS
 
 
« ICAI »
 Exposure Draft of Revised SA 299, “Joint Audits” for Comments
 CPE Events 26th June - 1st July 2017
  Summary of MCA Notification dated 13.06.2017 to give further exemptions private companies as per Section 462 of the Companies Act 2013
 Summary of MCA Notification dated 13.06.2017 to give further exemptions private companies as per Section 462 of the Companies Act 2013
 Exemption to Private Companies u/s 462 of The Companies Act 2013 as per Ministry of Corporate Affairs Notifications Dated 5th June, 2015 and 13th June, 2017
 Four Weeks Residential Programme to be held from 31st July, 2017 to 27th August, 2017 at Centre of Excellence, Hyderabad for Men Participants only.
 Next batch of the Certificate Course on Valuation at Bangalore from 15th July, 2017.
 CPE Events 19th June - 24th June 2017
 Post-implementation Review - IFRS 13 Fair Value Measurement
 Disclosure Initiative - Principles of Disclosure
 Volume XXXV of the Compendium of Opinions

ICAI: Only peer reviewed firms to audit listed companies
April, 20th 2009

Apex accounting body ICAI on Sunday said all listed companies would be audited by only peer review certified companies for periods starting April 1 this year, and over 1,200 firms have been selected for this review.

It also said the financial statements of companies coming out with IPOs need to be certified by firms which have been issued a certificate from the Peer Review Board.

"From accounting periods commencing on or after April 1, 2009, all listed companies would be audited by only those firms, that have been issued peer review certificate by the Peer Review Board of the Institute of Chartered Accountants of India (ICAI), a release by the apex body said.

Peer review is the evaluation of work or performance by other people in the same field in order to maintain or enhance the quality of the work or performance.

After the multi-crore rupees Satyam scam came to light, SEBI had announced a peer review of Sensex and Nifty firms.

The financial statements of companies coming out with Initial Public Offerings (IPO) should also be certified by the audit firms who have been issued a certificate from the Peer Review Board, the release said.

Around 4,000 firms have already been peer reviewed.

"Further 1,240 firms have been selected for peer review and the process have been initiated. The review of these firms will be completed on fast track," ICAI president Uttam Prakash Aggarwal said, adding that more than 6,000 peer reviewers are there in the country.

The institute in its council's meeting in the past two days also approved the framework for corporate affairs standards which will ensure a fair, transparent and accountable corporate regime in the country, the release said.

Meanwhile, the institute launched the first national webcast on Friday to reach out to its members and students at large globally.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions